Kemper Corp Master Retirement Trust Grows Position in American Homes 4 Rent (AMH)

Kemper Corp Master Retirement Trust increased its position in American Homes 4 Rent (NYSE:AMH) by 0.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,300 shares of the real estate investment trust’s stock after acquiring an additional 50 shares during the period. Kemper Corp Master Retirement Trust’s holdings in American Homes 4 Rent were worth $458,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AMH. UBS Asset Management Americas Inc. grew its holdings in shares of American Homes 4 Rent by 15.4% in the 1st quarter. UBS Asset Management Americas Inc. now owns 428,382 shares of the real estate investment trust’s stock worth $9,836,000 after acquiring an additional 57,315 shares during the period. Karp Capital Management Corp acquired a new stake in shares of American Homes 4 Rent in the 1st quarter worth approximately $955,000. Parametric Portfolio Associates LLC grew its holdings in shares of American Homes 4 Rent by 3.3% in the 1st quarter. Parametric Portfolio Associates LLC now owns 313,980 shares of the real estate investment trust’s stock worth $7,209,000 after acquiring an additional 10,165 shares during the period. State of Tennessee Treasury Department acquired a new stake in shares of American Homes 4 Rent in the 1st quarter worth approximately $1,148,000. Finally, Prudential Financial Inc. grew its holdings in shares of American Homes 4 Rent by 44.2% in the 1st quarter. Prudential Financial Inc. now owns 19,580 shares of the real estate investment trust’s stock worth $450,000 after acquiring an additional 6,000 shares during the period. Institutional investors and hedge funds own 93.74% of the company’s stock.

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A number of equities research analysts have commented on the company. BidaskClub upgraded American Homes 4 Rent from a “hold” rating to a “buy” rating in a report on Saturday, June 24th. Mizuho upgraded American Homes 4 Rent from a “neutral” rating to a “buy” rating and set a $25.50 target price on the stock in a report on Monday, July 10th. Zacks Investment Research cut American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Monday, July 10th. Finally, TheStreet upgraded American Homes 4 Rent from a “c” rating to a “b” rating in a report on Friday, August 4th. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company’s stock. American Homes 4 Rent presently has a consensus rating of “Hold” and an average price target of $24.80.

Shares of American Homes 4 Rent (NYSE:AMH) traded down 1.38% during midday trading on Friday, reaching $21.50. The company’s stock had a trading volume of 1,819,462 shares. The stock’s 50 day moving average is $22.07 and its 200 day moving average is $22.60. The stock’s market capitalization is $5.60 billion. American Homes 4 Rent has a 12 month low of $19.63 and a 12 month high of $23.98.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.04). The company had revenue of $237.00 million during the quarter, compared to the consensus estimate of $236.28 million. American Homes 4 Rent had a net margin of 3.82% and a return on equity of 0.70%. American Homes 4 Rent’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.25 EPS. On average, analysts forecast that American Homes 4 Rent will post $0.05 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were issued a $0.05 dividend. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $0.20 annualized dividend and a dividend yield of 0.93%. American Homes 4 Rent’s dividend payout ratio is currently -181.82%.

In related news, Director B Wayne Et Al Hughes purchased 1,372,200 shares of the company’s stock in a transaction on Thursday, September 14th. The shares were bought at an average price of $21.84 per share, with a total value of $29,968,848.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 27.82% of the stock is currently owned by corporate insiders.

American Homes 4 Rent Profile

American Homes 4 Rent is an internally managed real estate investment trust (REIT) focused on acquiring, renovating, leasing and operating single-family homes as rental properties. The Company’s primary objective is to generate attractive risk-adjusted returns for its shareholders through dividends and capital appreciation by acquiring, renovating, leasing and operating single-family homes as rental properties.

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Institutional Ownership by Quarter for American Homes 4 Rent (NYSE:AMH)

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